MBA Programs in Canada: One-Year Options for International Students

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Are you an international student looking to fast-track your career with a high-quality MBA program? Canada may be the perfect destination for you! With a diverse and multicultural environment, Canada is an attractive option for students seeking an exceptional education and a unique life experience. In fact, according to a report by the Canadian Bureau for International Education, the number of international students in Canada has more than tripled over the past decade, with over 600,000 students enrolled in Canadian institutions in 2019. The good news is that Canada now offers a range of one-year MBA programs that are specifically designed to meet the needs of ambitious and driven students like you. In this article, we’ll explore the availability, cost, employment prospects, and other relevant information for international students who are considering a one-year MBA program in Canada.

In this blog:

1. University of British Columbia (UBC) Sauder School of Business
2. Queen’s University Smith School of Business
3. Schulich School of Business at York University
4. DeGroote School of Business at McMaster University
5. Richard Ivey School of Business at Western University
6. Is it worth pursuing a one-year MBA program in Canada?

Top B-Schools Offering One-Year MBA Programs in Canada

The majority of Canadian MBA programs last between 16 and 24 months, but some universities have introduced one-year MBA programs to cater to the needs of students who want to fast-track their education. These programs are intensive and require a lot of commitment, but they provide students with a comprehensive and focused education in a shorter time frame.

Here is a list of some of the top universities in Canada that offer one-year MBA programs.

1. University of British Columbia (UBC) Sauder School of Business

The UBC Sauder School of Business offers a 16-month MBA program that focuses on innovation, entrepreneurship, and sustainability. The program is designed for experienced professionals who want to advance their careers quickly. The program includes a three-month summer internship that provides students with valuable work experience. The class profile for the 2021-2022 cohort included 70 students with an average GMAT score of 650 and an average work experience of six years. The tuition fee for international students is CAD 70,475. According to the Financial Times Global MBA Ranking 2021, the employment rate for UBC Sauder School of Business graduates was 92 per cent within three months of graduation, with a median salary of USD 110,244.

Suggested Read: Cost of Studying in Canada for Indian Students

2. Queen’s University Smith School of Business

The Smith School of Business at Queen’s University offers a one-year MBA program that focuses on leadership development, team dynamics, and global business issues. The program includes a four-month team-based consulting project that provides students with hands-on experience working with real clients. The class profile for the 2021-2022 cohort included 95 students with an average GMAT score of 660 and an average work experience of five years. The tuition fee for international students is CAD 85,500. According to the Financial Times Global MBA Ranking 2021, the employment rate for Queen’s University Smith School of Business graduates was 88 per cent within three months of graduation, with a median salary of USD 99,156.

3. Schulich School of Business at York University

The Schulich School of Business at York University offers a one-year MBA program (Accelerated MBA program) that focuses on strategic thinking, innovation, and leadership. The program includes a capstone project that provides students with an opportunity to apply their learning to a real business challenge. The class profile for the 2021-2022 cohort included 100 students with an average GMAT score of 665 and an average work experience of seven years. The tuition fee for international students is CAD 86,500. According to the Financial Times Global MBA Ranking 2021, the employment rate for Schulich School of Business graduates was 94 per cent within three months of graduation, with a median salary of USD 104,607.

4. DeGroote School of Business at McMaster University

The DeGroote School of Business at McMaster University offers a one-year MBA program that focuses on leadership, innovation, and experiential learning. This program is for students who have completed an undergraduate degree in business from a recognised Canadian or American university within the last 10 years. The program includes a six-month integrated consulting project that provides students with hands-on experience working with real clients. The class profile for the 2021-2022 cohort included 80 students with an average GMAT score of 625 and an average work experience of six years. The tuition fee for international students is CAD 63,300. According to the Financial Times Global MBA Ranking 2021, the employment rate for DeGroote School of Business graduates was 91 per cent within three months of graduation, with a median salary of USD 94,291.

5. Richard Ivey School of Business at Western University

The Richard Ivey School of Business at Western University offers a one-year MBA program that emphasises leadership, entrepreneurship, and sustainability. The program includes an action-oriented approach to learning, with case-based teaching, simulations, and real-world projects. The class profile for the 2021-2022 cohort included 106 students with an average GMAT score of 665 and an average work experience of five years. The tuition fee for international students is CAD 94,200. According to the Financial Times Global MBA Ranking 2021, the employment rate for Richard Ivey School of Business graduates was 89 per cent within three months of graduation, with a median salary of USD 99,356.

Is it worth pursuing a one-year MBA program in Canada?

You might be thinking, “Is it worth pursuing a one-year MBA program in Canada?” Well, that depends on what you want to achieve in your career. Here’s the deal – a one-year MBA program in Canada can be the perfect way to take your career to new heights. With the shorter time frame, you’ll be able to enter the workforce sooner and start earning a higher salary. Plus, the intense nature of the program will help you develop essential leadership skills and connect with valuable industry contacts. And let’s not forget the diverse business sectors in Canada that offer a world of opportunities for ambitious graduates.

Furthermore, Canada is home to some of the world’s most prestigious business schools, and their MBA programs are highly respected in the global business community. Employers recognise the value of a Canadian MBA and often actively recruit graduates from top Canadian universities. In addition, Canada’s strong economy, favourable immigration policies, and diverse business sectors make it an attractive destination for international students looking to establish themselves in a new country.

So, is it worth pursuing a one-year MBA program in Canada? The answer is a resounding “yes!” With the opportunity to advance your career, develop critical skills, and experience all that Canada has to offer, it’s an investment in your future that you won’t regret. Book a free counselling session with our admission expert and take one step ahead in your education journey abroad.

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